Mixed-Use Building in Downtown
For Sale
Contact for pricing
7 Broad St, Lynn, MA 01902
Mixed-use investment opportunity with residential and retail spaces.
Property Size10,684 SF
Lot Size0.14 Acres
Price / SF$187.20
Days on Market162
Property Features for 7 Broad St
General Information
Standard status
Active
Size
10,684 SF
Class
B
Total Parking Spaces
4
Lot size
0.14 Acres
Property subtype
Mixed Use, Multifamily
Investment Type
Value Add
Net Operating Income
$90,947
Building Details
Year Built
1890
Buildings
1
Stories
3
Units
10
Listing Agency:
CENTURY 21 Limitless
Listed By:
Adam Gluzman · License #MA 9587130
Source:
Crexi
Added: Mar 4
Changed: Aug 8
Last Checked: Aug 8 at 2:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Limitless
Investment Insights
Based on property information with market context.
Located in downtown Lynn, 7-11 Broad Street is a mixed-use property featuring 8 residential units and 2 street-level retail spaces. Constructed in 1890, the three-story building has a total area of 10,684 square feet and is situated on a 0.14-acre lot. The building features solid frame construction with a stone foundation. The residential component includes eight 2-bedroom, 1-bath apartments. The ground floor has two commercial spaces, including Tropical Nails (approximately 1,550 square feet) and Good Vibes Nutrition (approximately 800 square feet). The property's location on Broad Street provides proximity to public transit, local businesses, and redevelopment projects in Lynn.
Key Highlights
- Mixed‑use property with 8 residential units and 2 street‑level retail spaces provides diversified income streams.
- Prime downtown Lynn location offers high visibility and proximity to public transit, local businesses, and redevelopment projects.
- Eight 2‑bedroom/1‑bath apartments ensure consistent residential rental demand.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,760
Businesses Nearby
Explore this area
Business Placement
Demographics for 01902, MA
50,725
Population
19,655
Households
2.6
Avg Household Size
35
Median Age
20%
College-Educated
75%
High-School Grad
2.4 sq mi
ZIP Area
21,135
Density / Sq Mi
$66,755
Median Household Income
$39,506
Median Earnings
$1,571
Median Rent
$456,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use investment opportunity with residential and retail spaces.
Where is this mixed-use property located?
The property is located at 7 Broad St Lynn, MA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Mixed‑use property with 8 residential units and 2 street‑level retail spaces provides diversified income streams.; Prime downtown Lynn location offers high visibility and proximity to public transit, local businesses, and redevelopment projects.; Eight 2‑bedroom/1‑bath apartments ensure consistent residential rental demand.
